Which Statement Is Not Correct

question 63

Multiple Choice

Which statement is not correct?

• A)The accrual method focuses on the balance sheet.
• B)The deferral method focuses on the income statement.
• C)The deferral method matches tax expense to the balance sheet.
• D)The accrual and deferral methods are both tax allocation methods.

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Definitions:

Stratified Squamous Epithelium

A type of tissue composed of several layers of flat cells designed to protect underlying tissues in areas subjected to abrasion.

Cilia

Microscopic, hair-like structures that extend from the surface of some cells and are involved in movement or sensory functions.

Trachea

The windpipe, a tube that conducts air from the larynx to the bronchi of the lungs, facilitating breathing.

Smooth Muscle

A type of involuntary muscle found within the walls of organs and structures such as blood vessels, the gastrointestinal tract, and the bladder, characterized by its lack of striations.